Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Philadelphia market mainly sideways in November

By Bill Beck - November 15, 2017

After a sharp drop in market values in October, prices stabilized in Philadelphia in November. Cut grades, turnings, cast, and foundry grades were initially sideways, while prime grades dropped $10 after dropping $40 the month before.

After a sharp drop in market values in October, prices stabilized in Philadelphia in November. Cut grades, turnings, cast, and foundry grades were initially sideways, while prime grades dropped $10 after dropping $40 the month before.

Chicago market settlement was testy in November

By Bill Beck - November 15, 2017

The settlement on scrap pricing last month in Chicago was easy. Almost everyone in the market accepted the inevitability of a drop in pricing that saw prime grades plunge $40, with cut grades off $30.

Hamilton market again stronger than U.S. market in November

By Bill Beck - November 15, 2017

For the second straight month, the Canadian market was actually slightly stronger than nearby U.S. markets. In November, Hamilton buyers were down $1 Cdn on prime grades, up $5 Cdn on cut grades, and up double-digit numbers on shredded auto bodies.

Pacific Northwest markets rebound to sideways November

By Bill Beck - November 15, 2017

An October market that gave back $20 of the $35-$40 increase in late summer and early autumn leveled out in the Pacific Northwest in November. “We are sideways up and down the West Coast,” said one California broker.

Markets go sideways in Southern California

By Bill Beck - November 15, 2017

After dropping $20 in October, Southern California markets were sideways for November. Export markets remain steady, and flow to export yards continues strong.

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